Louisiana 2015 2015 Regular Session

Louisiana House Bill HB250 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
CONFERENCE COMMITTEE REP ORT DIGEST
HB 250	2015 Regular Session	Leger
Keyword and oneliner of the instrument as it left the House
FUNDS/FUNDING:  Authorizes additional deposits into the Workforce Training Rapid Response
Fund and requires a private match for the use of the additional deposits
Report rejects Senate amendments which would have:
1. Prohibited appropriations above the deposits by the treasurer already provided for in present
law from being made into the fund.
2. Changed the listing of the source of monies that otherwise may be deposited into the fund
from donations, appropriations, and dedications to only donations.
3. Required that the certification of a private match include the appraised value of the match.
Report amends the bill to:
1. Require that the value of in-kind donations over $100,000 shall be determined  by an
independent third party. 
2. Specify that proposed law shall not be construed to require the legislature to make additional
appropriations to the fund based on the availability of a private match.
Digest of the bill as proposed by the Conference Committee
Present law establishes the Workforce Training Rapid Response Fund as a special treasury fund to
be administered by the Board of Supervisors of the La. Community and Technical College System
(the board) and requires the state treasurer to deposit enough into the fund at the beginning of each
year to bring the unencumbered fund balance to $10 million.  
Proposed law authorizes money from other sources, such as donations, appropriations, or
dedications, to be deposited in and credited to the fund.   These additional deposits shall not be
factored into the determination of the unencumbered fund balance in present law. Proposed law prohibits the board from distributing monies from the other sources to a public
postsecondary education institution unless that institution's management board certifies to the
executive director of the La. Workforce Commission, the secretary of the Dept. of Economic
Development, the commissioner of higher education, the chairman of the La. Workforce Investment
Council, and the CEO of the LCTCS that a private entity guarantees a private match of no less than
25% of the amount distributed from other sources.  Specifies that an in-kind match may include cash,
in-kind donations of technology, personnel, construction materials, facility modification, or tangible
property; internships; scholarships; sponsorship of staff or faculty; or faculty endowment.  For in-
kind donations of over $100,000, the certification shall include a determination of the value by an
independent third party.  
Proposed law specifies that nothing in proposed law regarding the private match shall be construed
to require the legislature to make any additional appropriations to the fund based on the availability
of a private match.
(Amends R.S. 17:1874(B)(3) and (C)(4); Adds R.S. 17:1874(B)(4) and (5) and (C)(5))